BRIEF-CRH CEO: Further pick up in "reshoring" certainly possible amid trade worries

Reuters
27 Feb
BRIEF-CRH CEO: Further pick up in "reshoring" certainly possible amid trade worries

Feb 26 (Reuters) - CRH PLC CRH.N CEO interview with Reuters:

  • CRH CEO - TWO MAJOR 2024 ACQUISTIONS GOING REALLY WELL, MORE UPSIDE THAN WE PROBABLY THOUGHT INITIALLY

  • CRH CEO - EXPECTATIONS FOR PRICING IN 2025 BROADLY IN LINE WHAT WE SAID IN NOVEMBER, ANOTHER YEAR OF PRICE PROGRESSION

  • CRH CEO - NOT ASSUMING ANY IMPACT FROM TARIFFS IN OUR GUIDANCE, WE HAVE VERY MINIMAL LEVELS OF CROSS-BORDER TRADE

  • CRH CEO - CERTAINLY POSSIBLE THAT ONSHORING ACTIVITY COULD PICK UP FURTHER AS A RESULT OF GREATER TRADE PROTECTIONISM

  • CRH CEO - CONTINUING TO SEE ONSHORING ACTIVITY IN CHIP PLANTS, DATA CENTRES AND LIFE SCIENCES, SOME GREEN SHOOTS IN WAREHOUSING, DISTRIBUTION CENTRES

  • CRH CEO - ANY INCREASED FOCUS ON DEFENCE SPENDING IN EASTERN EUROPE WOULD BE BROADLY POSITIVE FOR INFRASTRUCTURE BUSINESS

  • CRH CEO - AS LARGEST BUILDINGS MATERIAL COMPANY IN UKRAINE, WAITING AND WELL POSITION TO HOPEFULLY PARTICIPATE IN FUTURE RECONSTRUCTION

Further company coverage: CRH.N

(Reporting By Padraic Halpin)

((Padraic.Halpin@thomsonreuters.com;))

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